₦airaland Forum

Alright, thank you for the update. I'll reach out to them.

awesomeJ:
Speak to them then.

If you're consistent.

Even if it's N50m, as long as there's no month you do less than that, that should already get you 70% of the way.

Your large portfolio(Above N200m I suppose) should then get you the rest of the way.


It was from this platform too that I learnt my volumes could qualify me for a concession, so I'm happy to be part of the people informing you as well.

I trade fairly well with them (maybe not up to N100M/mo, but it's big) and have substantial portfolio size.

awesomeJ:
Do you trade up to N100m every single month??

You can't be an investor that trades only once or twice a month and expect any concessions.

@Everyone, who else uses Morgan Capital and still gets 0.5%?

awesomeJ:
I'm sure.

awesomeJ:
0.5%

Are you sure? Is that the flat rate, or did you negotiate it? I thought they increased it to about 0.75% a while ago.

awesomeJ:
Maybe I will negotiate for 0.45% commission.

That tiny 0.05% will buy me 2 cows 😁😁

What rate are you paying to Morgan Capital now?

GenZ ranking. Where are the likes of Mathematical Segun Odegbami, Sam Okwaraji, and co.

Most likey caused by blood pressure spike triggered by the fear of public speaking. Sad.

UNIBENDON, false:

UNIBENDON:
Not in Google
Everything is not in Google with respect to the Nigeria stock exchange.

Google is you friend, except you're only being sarcastic or asking rhetorical questions.

UNIBENDON:
Please I need reply to the following:
1. what year and at what price was the initial public offer of Nestle Nigeria executed?

2.what year and at what price was the initial public offer of Okomu Oil executed?

Morgan Capital now charges 0.75%.

Harddiskng:
Looks i have to leave anything Stanbic. Time to go back to Morgan, I have an account with them already and they are more hungry.

I don’t know the reason for the recent laxity the whole Stanbic business is displaying.

Mutual fund ❌ Underperforming yields
Brokers ❌ Zero traction on transactions

When you don chop belle, na sleep remain naa. Issokay.

****************************

See the screenshot below to see the wide gap between brokerage fees Stanbic is charged (yet deteriorating services) and Morgan Capital.

I have said it before you can charge higher so far your services are fantastic but the moment your service take a nose dive, people would stop tolerating your nonsense and leave you in a ditch.

Though the figure is quite substantial, calciulate the cost of maintaining fleets of aircraft/cars (pilots, fuel, hangar, maintenance costs, etc.) and security personnel alone. The value of N1B reduces drastically, and that, my friend, is why billionaire don't stop grinding--it's like riding a bicycle; you have to keep moving to maintain balance.

ogawisdom:
Rabiu alone made over ₦9 trillion in capital gains from the stock market in 2025.

Read that again.
Slowly.

For context.

₦9 trillion is about one-third of Nigeria’s entire 2024 national budget
One man. From capital gains.

Let me break the numbers down.

₦1 trillion = ₦1 billion repeated 1,000 times
₦9 trillion = ₦1 billion repeated 9,000 times

Still abstract.
Let’s go further.

Assume this.

He spends ₦1 billion every single month
For 50 years straight

That is:

50 years = 600 months
₦1 billion × 600 months = ₦600 billion

Now pause.

From ₦9 trillion.

After 50 years of spending ₦1 billion monthly
He would still have about ₦8.4 trillion left

Let that sink in.

It will take 750 years Of spending ₦1 billion every single month to exhaust ₦9 trillion

This is not hype.
This is simple arithmetic.

This is why ownership matters.

This is what markets do.

• They reward ownership
• They multiply patience
• They scale capital beyond effort

Wealth is quiet.
But the numbers are loud.

LET US LEARN FROM BILLIONAIRE - RABIU

That's a matter of conjecture.

Agbalowomeri:
But would the index in this case be a fair representation of the "average"? I doubt that it would obey the central limit theorem assumptions

Lol dem say all researchers na statistician.

Agbalowomeri:
Is Agbalowomeri a mathematician or a statistician? No profession wey Una never dash me for here

The bigger your sample size, the more you closely you approximate a population (the market index in this case) parameters. Isn't it?

Agbalowomeri:
Central limit bawo?

You forgot that stocks are not equally weighted so we cannot be correct about taking infinite samples that will mirror the "population" of stocks

Scholarly speaking, they are distinct. Ask @Agbalowoeri if you're in doubt.

nosa2:
Is statistics not a branch of mathematics?

You're referring to the Central Limit Theorem in statistics.

nosa2:
Mathematically Statistically speaking , the more stocks you have the more your performance will mirror the index

Well, that cannot be discounted for some small brokers--bigger ones may be exceptions. However, I agree that the issue may indeed not be unrelated to bandwidth NGX IT assets issues.

awesomeJ:
Not likely.

More likely to be a scaling issue with the NGX.

My brokers stream just fine any day deals are less than 30k.

The issue only happens when so many deals are happening in the market.

This is a market that typically did 5k deals per day up to around 2023.

Now we're seeing 50k, it looks like they haven't prepared enough for that.


It's to be sitting inside A. C doing nothing.

Airtel has been stuck for over 1 years now, for a company that has no problem other than an inefficient market

The delayed price stream probably has to do with the stockbrokers' subscription. Most of them are likely going for the cheaper delayed feed from NGX https://marketdataapiv3.ngxgroup.com/portal/getstarted/index.

awesomeJ:
I've sent an email to the NGX contact centre. I copied my 2 brokers, the CSCS, and the SEC.

I also raised the issue of AIRTEL suggesting to them that if a stock has not had a price movement for up to 3 months, they need to suspend the 100k units requirement on it so that we can avoid unnecessary illiquidity, hopefully they read the email and act.

Lol all the mebers of these parties are almajiris from the two parties--99% of LP and ADC members have at one point been in APC or PDP. The issues of Nigeria and most developing countries are cultural cum religious. once those are resolved, a country starts thriving. China is a godless (communist) country and a dictator-like system, so they can work with resolve to control their people and achieve national goals, unlike in a democracy.

EDUECO:
APC and PDP are the 2 political parties that have ruled Nigeria from 1999 till 2026. LP and ADC have never produced president.

What did Saint Trump attempt to do after losing his re-election bid in 2020? https://www.bbc.com/news/articles/c93pdlg4dlno
His support for freedom of speech also shines above all: https://www.pbs.org/newshour/politics/trumps-moves-against-media-outlets-mirror-authoritarian-approaches-to-silencing-dissent. Also, St. Trump is very moral that he respects women by grabbing them by their P***ies:
https://www.youtube.com/watch?v=WhsSzIS84ks.

No one is supporting any bad characters, but let no tyrannic hypocites play holier than thou on the world.

lecowas:
That "whole president" ran a drug cartel like a common criminal, that whole president refused to hand over to opposition after losing the election, that whole president is a dictator who completely silenced every opposition.

The opposition leader had to disguise to leave the country to collect her Nobel peace prize, and finally the whole president was given multiple chance but thought Russia and China would help. So here we are and this is the story of Solomon Grundy Nicholas Maduro

Why has this man not been locked up yet? If I were president, I'd have locked him up in a custom-made, solitary prison and threw the keys into the Atlantic Ocean!

Other countries have REGIMES, as long as they don't agree with you, but you have ADMINISTRATIONS regardless of the tyranny you display! Continue!

Take pharma and insurance positions. NEIM, AII, MANS ...

They’re probably using BVN.

Audacius:
IT SEEMS they have done an integration of the various existing systems that hold investors' data and MAYBE we no longer need to fill e-dividend forms.

I bought some stocks for the first time recently and I started getting emails from the registrars. I also observe that the e-dmmms platform is longer active. It has been like that for some time. People have been mentioning they have been getting dividends they did not fill forms for. I have too. But I observed such go into my savings account while the ones I filled e-dividends forms for go into my current account as I requested when filling the forms.

I assume the system has a criteria on where to send dividends to if it sees multiple accounts, even if it goes into an account you would rather not use. But an unknown account, as in your case, complicates things further.

Automating dividend payment like this is a development that could be expected. But the problem I see is that one has to figure things out. There seem to be no communication on the matter at all or not properly done. I try to keep up with investment news but never seen where they indicated these "development". We just start noticing and figure it out.

Possibly neuropathy (sciatica). Go check your spinal X-ray and see if you have herniated discs (L3, L4, L5, or S1). Get supplements in the interim.

The banking sector is about to make a reversal--gear up, take positions.

Your're not just having low IQ, you're unexposed. You don't deserve my time. Come back to this conversation after you have visited another African country, not even any of the Western countries that I have lived for over two decades. It's not difficult to infer that you've never left the shores of Nigeria from the way you type and reason.

ReacherSaidNoth:
It takes extremely low intelligence to argue against the unmatched horrible nature of Nigerian politicians.

It is enough to watch/read global news to see that the things politicians here get away with here rarely happens in even fellow developing countries, not to talk of the first world.

After impeachment, what happened to him? Was Obasanjo not impeached? How is Nigeria the worst? Which other countries have you visited, not even lived in?

ReacherSaidNoth:
Nigerian politicians are the worst because they will face no consequence for lying. Did Trump not face serious impeachment proceedings for his antics?

In your so-called saner climes, politicians are the same! If you don't know anything, at least you watch Trump and his Shenanigans.

ReacherSaidNoth:
Nigerian politicians are shameless liars, even when this one was caught on camera he still denied. Of course they've brainless supporters who will nod in agreement.

Hannibal is arguably the greatest African ever. Go read history and learn about how he dealt with the Roman Empire--the predecessor of modern day Europeans, including America--and almost ended them, but for his grace (mercy) that led to his end. I like that name, and it would have been my nickname except for its association with the god "Baal". Lol

Hezzyluv:
The guy resemble his popsy somehow.

But something dey worry me sha. I thought I saw Cannibal Gadhafi.

Paper profit.

KarlTom:
When good fortune smiles on you ehn...

PS: a friend's portfolio

https://invest.ngxgroup.com/offers. It's not been listed yet.

Streetinvestor2:
No vex do u know what RI is all about. And how it works